Friday, May 18, 2012

Carlos Slim Gets Honorary Degree from George Washington U.

Carlos Slim, the Chairman and CEO Telmex and América Móvil and currently the world's richest person, was awarded an honorary degree from George Washington University. Hundreds of protesters picketed the university in Washington D.C., arguing that Slim amassed his great fortune by working to block any meaningful competition in the Mexican telecommunications market and then using his monopoly to price-gouged Mexican customers billions of dollars for basic telephone and Internet service. http://